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Charlottesville Area Horse Property Sold - 06/30/10 11:06 PM
This unique Charlottesville area small horse propert sold today. 93 Carriage Hill Rd., Palmyra, VA. Horse and people barn located on 12 acres in Fluvanna County minutes from Charlottesville, Virginia.The front part of the structure is a 2 bedroom apartment with vaulted ceilings and a garage, the back section is a 4 stall center aisle stable. This is the perfect residence for a horse lover.
Will The First Time Homebuyers Tax Credit Be Extended? - 06/29/10 11:05 PM
The house voted today to extend the First time Homebuyers Tax Credit deadline to close. In a vote of 409 to 5, the house approved a bill to extend the closing date for the tax credit for another three months. Currently the contracts have to be closed by tomorrow June 30 in order to qualify for the tax credit. This bill still has to be approved by the Senate which could vote as soon as tomorrow. If the extension does not occur the National Association of Realtors extimates that 180,000 first time homebuyers with homes under contract could miss the deadline. I (6 comments)
Foreclosure Contracts - Why Don't Banks Know How Long It Takes For Loan Approval? - 06/29/10 10:49 PM
Foreclosures are owned by banks, aren't they? Then why don't they know how long it takes for loan approval? Once again I have had a contract for a foreclosure accepted by the selling bank. Even our closing date 5 weeks away has been approved. Sounds great doesn't it? Well here's the kicker...we have 21 days for loan approval and the appraisal has to be within 19 days and if anything is found that would prevent the purchase of the home the seller has to be notified within the same time frame. Of course my buyers lender has said that we need (2 comments)
Charlottesville Real Estate - Winning The Foreclosure - 06/28/10 11:13 PM
With all of the interest in buying a foreclosure it is essential to understand the strategy necessary to win the foreclosure. A foreclosed property can present the opportunity to purchase more home than you could buying from a homeowner. When you find the foreclosure that is the home that you really want for your family to live in, its time to make an offer. There are several things that you chould remember when you are deciding what to offer. The bank's assset manager has a figure in mind that they want to get for the home. The list price is already (2 comments)
Charlottesville Country Homes - 06/27/10 10:15 PM
I spent today doing one of my favorite things, showing Charlottesville country homes. My clients are from Arizona and this was their first visit to Charlottesville and Central Virginia. They are looking for the perfect country property to retire to with their 3 Walking Horses. Today we concentrated our search on the Route 20 North, Keswick and Louisa County areas. Tomorrow we will finish our tour looking at small Charlottesville horse farms in White Hall, Southern Albemarle County and Fluvanna. There are some beautiful homes with 10-25 acres of pasture in each of these areas. Charlottesville is on Kiplinger's list of (0 comments)
Charlottesville Virginia Is A Great Place To Retire - 06/25/10 05:27 PM
Charlottesville Virginia is a great place to retire! This is something that Charlottesville residents know, but now its official. Kiplingers has put Charlottesville on its list of 5 Great Cities For Retirees. Charlottesville joins Dothan Ala, Palm Bay Fla, Pittsburg Pa and San Francisco Calif as a top retirement destination. The article cites the pros of the Central Virginia climate, nearness to golf courses, parks and wineries, the availibility of art and theater, and the vibrant downtown. Those of us who live here would have many more features to add to this list. If you would like to explore the possibility (0 comments)
Charlottesville Real Estate Talk - Pricing Your Home Correctlly - 06/24/10 10:10 PM
Pricing your home correctly will be the most important thing you can do to ensure that your home will be one of the ones that sells. Yes I said one of the ones that sells. They don't all sell. And in this buyers market price, condition, and location are the factors that are driving sales and price is number one. Every day when I look at the hot sheet I see a long list of price reductions. The only problem is that it is often too little too late. These listings are simply following the market down. In a buyers market (0 comments)
Charlottesville Real Estate - Do You Have The Stamina? - 06/23/10 09:24 PM
Among the traits necessary for a Realtor we can add stamina to the mix. For the past week my work days have been beginning with early morning appointments and ending at 9:30 at night. Usually if I have a lot of evening appointments , I try to take some time in the morning to do things around the house and head to the office in the late morning. However last week and this week all of my days had early morning appointments already scheduled. On top of this I had new clients who wanted to find a home to buy right (4 comments)
Getting a foreclosed home to closing is not just another real estate transaction. There are deadlines that have to be met or the homebuyer can be hit with financial penalties. Thanks to the professionalism of Cameron Marsh at Tucker Griffin and Barnes and Steve Hargett an Met Life, we were able to deal with all of the difficulties that cropped up and get this transaction closed smoothly for the clients. If you are considering the purchase of a foreclosed home, it (0 comments)
Charlottesville VA Real Estate Market Report Condominiums - May 2010 - 06/19/10 11:08 PM
This Charlottesville VA real estate market report examines the sales of condominiums in Charlottesville Virginia and Albemarle County during May 2010. May 2009 average list price $164,866.May 2010 average list price $152,862. May 2009 average sale price $148,177.May 2010 average sale price $153,893.May 2009 median sold price $130,000.May 2010 median sold price $153,000. May 2009 %sold/list 89.87%.May 2010 %sold/list 100.67%. Last year from 1/1/2009-5/31/2009, 36 condos sold on the Charlottesville-Albemarle real estate market. This year during the same time period 63 condominiiums sold. this is an increas in sales of 75%.
The increase in condo sales can largely be attributed (0 comments)
Charlottesville VA Real Estate Market Report Attached Homes - May 2010 - 06/18/10 11:18 PM
This Charlottesville VA real estate market report examines the sales of attached homes in Charlottesville VA and Albemarle County during May 2010. May 2009 average list price $249,263.May 2010 average list price $235,065. May 2009 average sale price $248,263.May 2010 average sale price $233,739. May 2009 median sold price $240,000.May 2010 median sold price $222,000. May 2009 %sold/list 99.60%.May 2010 %sold/list 99.43%.
In 2009 from 1/1/2009-5/31/2009, 129 attached homes sold on the Charlottesville-Albemarle real estate market. During the same time period in 2010, 112 attached homes sold. This represents a -13.2% drop in sales for this year so far. As you (0 comments)
Louisa County VA Real Estate Market Report - May 2010 - 06/15/10 09:53 PM
This Louisa County VA real estate market report examines the sales of single family detached homes in Louisa County Virginia during May 2010. May 2009 average list price $228,073.May 2010 average list price $ 253,005. May 2009 average sale price $216,811.May 2010 average sale price $248,308. May 2009 median sold price $229,995.May 2010 median sold price $229,430. May 2009 %sold/list 95.06%.May 2010 %sold/list 97.13%. Last year from 1/1/2009-5/31/2009, 36 homes sold on the Louisa County real estate market. Durning the same period this year 69 Louisa County homes sold. This represents an increase of 91.7%.
Over the past couple of years (2 comments)
Greene County VA Real Estate Market Report - May 2010 - 06/11/10 11:07 PM
This Greene County VA real estate market report examines the sales of single familly detached homes in Greene County Virginia during May 2010. May 2009 average list price $287,725.May 2010 average list price $293,680. May 2009 average sale price $288,142.May 2010 average sale price $278,450. May 2009 median sold price $288,417.May 2010 median sold price $236,250. May 2009 % sold/list 100.14%May 2010 %sold/list 97.81%. Last year from 1/1/2009-5/31/2009, 51 Greene County homes sold. During the same time frame this year 62 homes sold on the Greene county real estate market. This represents a 21.6% increase in sales over last year.
Fluvanna County VA Real Estate Market Report - May 2010 - 06/09/10 06:38 PM
This Fluvanna County VA real estate market report examines the sales of single family detached homes in Fluvanna County Virginia during May 2010. May 2009 average list price $288,566May 2010 average llist price $241,627 May 2009 average sale price $273,404May 2010 average sale price $239,851 May 2009 median sold price $235,000May 2010 median sold price $219,857 May 2009 %sold/list 94.74%May 2010 %sold/list 99.26%
In 2009 from 1/1/2009-5/31/2009, 90 Fluvanna County homes sold. During the same time period in 2010, 100 homes sold on the Fluvanna County real estate market. This is an 11% increase in sales for this year so (0 comments)
Charlottesville VA Real Estate Market Report - May 2010 - 06/08/10 09:38 PM
This Charlottesville VA real estate market report focuses on the sales of single family detached homes in Charlottesville Virginia during May 2010. May 2009 average list price $413,731May 2010 average list price $321,119 May 2009 average sale price $388,826May 2010 average sale price $320,581 May 2009 median sold price $299,000May 2010 median sold price $274,000 May 2009 %sold/list 93.98%May 2010 %sold/list 94.95% Last year from 1/1/2009-5/31/2009, 87 homes sold on the Charlottesville real estate market. During the same time period in 2010 the same number of homes have sold.
As we can see prices are down this year and sales (0 comments)
Albemarlle County VA Real Estate Market Reports 2009 - 06/07/10 10:32 PM
This continues my compilation of market reports over the past several years. These reports examine the sales of single family detached homes in Albemarle County VA during 2009. January Albemarle County market report February Albemarle County market report March Albemarle County market report April Albemarle County market report May Albemarle County market report June Albemarle County market report July Albemarle County market report August Albemarle County market report September Albemarle County market report October Albemarle County market report November Albemarle County market report December Albemarle County market report (0 comments)
Albemarle County VA Real Estate Market Reports 2008 - 06/07/10 09:27 PM
I have been asked by a reader for a compilation of my market reports for the past several years. These are the reports that I wrote during 2008 examining the sales data for single family detached homes in Albemarle County VA during 2008. Reports for 2009 and 2010 to date will follow. June Albemarle County Market Report July Albemarle County Market Report August Albemarle County Market Report September Albemarle County Market Report October Albemarle County Market Report November Albemarle County Market Report December Albemarle County Market Report (0 comments)
Albemarle County VA Real Estate Market Report - May 2010 - 06/03/10 10:05 PM
This Albemarle County VA real estate market report focuses on the sales of single family detached homes during May 2010. May 2009 average list price $454,678May 2010 average list price $380,771 May 2009 average sale price $427,751May 2010 average sale price $363,747 May 2009 median sold price $344,000May 2010 median sold price $326,500 May 2009 homes sold for an average of 94.07% of the list priceMay 2010 homes sold for an average of 95.52% of the list price
This year from 1/1/2010 - 5/31/2010, 244 homes sold on the Albemarle County real estate market. During the same time period last (3 comments)
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